The Directors present this Integrated Annual Report of Engineers India Limited (the Company or Your Company or EIL) along with
Audited Standalone and Consolidated Financial Statements of Accounts, the Auditors' Report and Review of the Accounts by the
Comptroller & Auditor General of India for the Financial Year ended March 31,2025.

1.    2024-25 in Retrospect -

Your Company sustained its good performance during FY 2024-25. The key highlights of the financial performance of the
Company for the year, as stated in the audited financial statement, along with the corresponding performance for the previous
year are as under:

Financial Performance -

Segment wise Performance

*Property, Plant & Equipment and other assets used in the Company's business or segment liabilities contracted have not been identified to any of
the reportable segments, as these assets and support services are used interchangeably between segments. Accordingly, no disclosure relating to total
segment assets and liabilities has been made and capital employed has been presented.

2.    Dividend

The Board of Directors of your Company has recommended
final dividend of H 2/- per share (on face value of H 5/- per
share) for the financial year 2024-25, in addition to H 2/-
per share interim dividend already paid during the year.
With this, the total dividend for the financial year 2024¬
25 works out to H 4/- per share amounting to H 22,481.70
Lakhs and Dividend payout of 48.33% of standalone profits
of the Company.

The final dividend shall be paid to the Members whose
names appears in the Register of Members as well as
beneficial ownership position provided by NSDL/ CDSL
as on record date on 29^th August, 2025. The Dividend
Distribution Policy, in terms of Regulation 43A of the
Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 ("SEBI
Listing Regulations") has been updated during the year
aligning with prevailing Government guidelines and is
available on the Company's website on https://www.
engineersindia.com/Investor/landing.

3.    Transfer to Reserves

Your Company is proposing to transfer to general reserves
in FY 2025-26, after adjustment of payment of proposed
final dividend, if approved by the shareholders in the
Annual General Meeting for FY 2024-25, from balance of
retained earnings of H 35,388.79 Lakhs as on 31^st March,
2025 excluding loss on account of remeasurement of
Defined Benefit Plans of H 10,700.34 Lakhs.

4.    Investor relations

It has been a constant endeavour of your Company to
achieve highest standards of corporate governance and all
measures are being taken to enhance market confidence
and improve shareholder engagement through periodic,
regular, transparent and open communication.

The Management is committed to sharing information with
investor community on the Company's performance and
convey essential updates on expected projects, new business
initiatives, future outlook, industry insights and avenues of
growth potential and investment plans periodically.

Investor Relations provides timely communication of such
information which acts as an effective bridge between
the management and investor community. The Investor
Relations Cell handles all investor concerns and issues
efficiently, aligning it with disclosure requirements,
transparency and Corporate Governance Rules &
Regulations, thereby inculcating a "trust relationship" with
the stakeholders.

The Management and Investor Relations Cell are actively
communicating with the investors by means of one-on-
one meetings, conference calls/earning call, investor
conferences, etc. The print and web media are also being
utilised for timely dissemination of vital information, which
is extremely significant in the financial world.

5.    Management Discussion and Analysis Report

The Management Discussion & Analysis Report, as
required in terms of the Securities and Exchange Board
of India (Listing Obligations & Disclosures Requirements)
Regulations, 2015, (Listing Regulations) and Corporate
Governance Guidelines for CPSEs issued by DPE, is forming
a part of this report.

6.    Business Responsibility and Sustainability Report

The Company has provided Business Responsibility and
Sustainability Report which indicates the Company's
performance against the principles of the 'National
Guidelines on Responsible Business Conduct.' This
would enable the Stakeholders to have an insight into
Environmental, Social and Governance initiatives of the
Company, and forms a part of this report.

7.    Net Zero

EIL is committed to achieving Net Zero carbon emissions
by 2035 through a phased approach, implementing several
strategic initiatives. The company has prioritised enhancing
energy efficiency across its assets including application of
Building Management System (BMS) to automate HVAC
operations and using energy efficient equipment.

Solar Photovoltaic (SPV) Systems have been installed on
rooftops of various EIL offices and housing complexes
across country to reduce scope-2 emissions. In the
Financial Year 2024-2025, SPV of combined capacity of 297
KWp have been commissioned, leading to a total installed
capacity of 1292 KWp.

A 600 W capacity showcase windmill pilot project was
commissioned at one of EIL's branch offices, demonstrating
the company's commitment to renewable energy
solutions. Additionally, a demo Compressed Biogas (CBG)

plant with an output capacity of 20 Nm³/day — designed to
utilize kitchen and horticulture waste generated within the
Gurugram complex — has been designed and engineered,
and is currently in an advanced stage of implementation.

In addition, several initiatives have been taken by the
company including transforming the systems towards
digital platform to minimize use of papers and optimisation
of resources. In the long run, the company has been
nudging the employees through various incentives to
adopt low carbon emission modes of travel such as using
Electric Vehicles (EVs) thereby reducing scope-3 emissions.
It is worth noting that EIL has reduced its total scope-1 and
scope-2 emissions in the previous fiscal year by around
6.2% compared to the FY 2023-24 and is committed to
assisting its clients in their decarbonisation journey by
leveraging its extensive experience and technical expertise.

8. Consultancy Assignments (Domestic)

During the year, your Company has successfully completed
major assignments across its business operations and
achieved considerable progress in other assignments as
highlighted below:

Upstream Oil and Gas

During the year, your Company continued to achieve
new benchmarks in Offshore Oil & Gas and LNG sectors.
The following consultancy assignments were successfully
completed during the year:

•    Commissioning of two LNG Storage Tanks Project of
Petronet LNG Ltd., Dahej (Gujarat).

•    Mechanical completion and commissioning of LNG
Import, Storage and Regasification Terminal Project,
Chhara (Gujarat) for HPLNG.

•    Completion of Breakwater Project at Konkan LNG
Ltd., Dabhol has been achieved and the jetty has been
declared as all weather port.

The following assignments are currently under execution:

•    Engineering,    Procurement and    Construction

Management (EPCM) Services    for Dahej

Regasification Expansion Project (17.5 to 20 MMTPA)
of Petronet LNG Ltd.

•    EPCM Services for Dahej Regasification Expansion
Project (20 to 22.5 MMTPA) of Petronet LNG Ltd.

•    FEED Services for Unloading Pipelines, Onshore
Storage Tank Farm and Associated Facilities for GCPL,
Dahej, Gujarat.

•    FEED Services and preparation of Technical Bid
Package for Capacity Expansion Project, Phase-I for
Shell Energy India Pvt Ltd. (SEIPL), Hazira, Gujarat.

•    Revamp of Gas Terminal II of ONGC, Hazira Plant
under OBE mode.

•    PMC Services for ambient air heating system at
Konkan LNG Ltd., Dabhol.

Following new jobs were secured by your company
during the year:

•    Gap closure and FEED for SHELL LNG capacity
enhancement project facilities at Dahej, GCPL, Gujarat.

•    Third berth (jetty) at Petronet LNG terminal, PLL, Dahej.

•    Consultancy Services for Tender document
preparation for Process Platform Modification &
Revamping Project-1 (PPMRP-1), ONGC.

Pipelines

Your Company has established an outstanding track
record in design, engineering and execution of cross¬
country pipelines for transportation of crude oil, refined
petroleum products, natural gas and LPG across diverse
geographies and demanding terrains in domestic as

well as international geographies. EIL scope of services
encompasses the entire project life cycle ranging from
Detailed Feasibility Reports, EPCM services, PMC (Project
Management Consultancy) services, Integrity Studies etc.
By virtue of EIL's skills in executing world class pipeline
projects, EIL is the most sought-after technical consultant
for major clientele. Considering Government of India's
(GOI) thrust on National Gas Grids, EIL is best placed to
exploit the opportunities in pipeline sector which are likely
to unfold in the next few years.

Your Company had successfully completed the following
pipeline assignment during the year:

•    PMC services for Installation of Gas Turbine
Compressor (GTC) at GAIL, Gandhar, Gujarat.

Your Company is executing following major pipeline
projects and associated facilities assignments for various
clients which are in advanced stages of execution:

•    PMC services for Storage Augmentation of Light
Hydrocarbon (LHC) Products at GAIL, Vijaipur,
Madhya Pradesh.

•    PMC services for 18" x 253 km Dhamra - Haldia
Pipeline Project of GAIL.

/ \

EIL has executed major projects like, Diesel
Hydro-desulphurisation, Fuel Specification
Upgradation and Revamp/ Modernisation for
most of the Oil and Gas majors.

•    EPCM Services for Crude Oil Import Terminal (COIT)
at Paradip, Paradip - Numaligarh Crude Oil Pipeline
(PNCPL) with cumulative length of 1637 Km and NRL -
Siliguri Marketing Terminal (SMT).

•    EPCM services for Pipeline (22" X 43.5 Km, 10" X 46
Km and 8" X 46 Km) from Mumbai Refinery, Mahul to
Rasayani complex, BPCL, Raigad.

•    EPCM Services for Krishnapatnam - Hyderabad Multi
Product Pipeline (16" x 450 km), of BPCL (Part B & C).

•    PMC services for Part-B for 18" x 693 km Nagpur -
Jharsuguda mainline and NTPC Korba Spurline of
MNJPL Project (Mumbai - Nagpur - Jharsuguda Natural
Gas Pipeline) of GAIL.

•    PMC services for 30"/ 24"/ 18"/ 12" x 827 km Dobhi -
Durgapur - Haldia Natural Gas pipeline of GAIL.

•    PMC services for 24" x 293 km Krishnagiri Coimbatore
section of Kochi - Koottanad - Bangalore - Mangalore
Gas Pipeline - II (KKBMPL) Project of GAIL.

•    PMC services for HRRL Onshore Pipeline Project,
Rajasthan and Gujarat.

•    EPCM Services for Upgradation of Facilities of
Numaligarh - Siliguri Product Pipeline (NSPL) for
transportation of additional products.

The following Major Projects were secured by the Company
in the Pipeline Segment of hydrocarbon value chain during
the year and are in progress:

•    PMC services for C₂/C₃ Pipeline from Vijaipur
to Pata of GAIL.

•    Engineering & Project Management Consultancy
services for Visakh Raipur Pipeline Project of HPCL.

•    EPCM services for Offsite Pipelines and Inlet Receiving
Tanks for MRPL Refinery Complex.

•    EPCM services for Offsite Pipelines and Jetty
Infrastructure projects for MRPL Aromatics Complex.

•    Capacity augmentation of Vadinar - Bina Crude
Pipeline of BPCL.

•    DFR for replacement of 259 KM old pipeline section
of Numaligarh Siliguri Product Pipeline (NSPL) of
Oil India Limited.

Petroleum Refining

Your Company has carved a niche as one of the leading
Engineering Consultancy service providers to the
Petroleum Refining Sector in India, having its footprints in
20 out of 23 operating refineries including 10 grass root
refineries in the country. Your Company has also executed
major projects like, Diesel Hydro-desulphurisation Projects,
Fuel Specification Upgradation Projects and Revamp/
Modernisation Projects for most of the Oil and Gas majors.

The following Refinery Projects/Assignments were
successfully completed during the year:

•    Final DFR and FEED for Lube Modernisation & Bottom
Up-Gradation Project of HPCL, Mumbai, Maharashtra.

•    Additional services (Change order) for Bitumen
Blowing unit (BBU) of MRPL, BS-VI Project.

•    Detailed Feasibility report (DFR) for LNG transport
from Kochi to Sri Lanka through ISO-Container.

•    Detailed Engineering for Installation of Automated
Valve Blind in FCC Reactor Overhead Line, Provision of
parallel catalyst loading/ unloading from regenerator

to hopper in FCCU and Segregation of PRU from FCC
Unit for HMEL Refinery, Bathinda.

•    Consultancy service for LEPC Selection, DFR
preparation and Basic design of OSBL for Green
Hydrogen Plant for BPCL, Bina, Madhya Pradesh.

•    Capex Estimation and early Project works for
New Refinery Project (Train-II) at Vadinar Refinery
of Nayara Energy.

During the year, Your Company achieved significant

progress in the following projects/assignments, which are

under progress/ final stage of completion:

•    PMC services and Offsite works (OBE) for 9.0 MMTPA
Rajasthan Refinery Project of HRRL at Barmer,
Pachpadra, Rajasthan.

•    Vizag Refinery Modernisation Project of HPCL,
Visakhapatnam, Andhra Pradesh (PMC): Residue
upgradation unit, largest process unit in the
world having capacity 3.55 MMTPA is under pre¬
commissioning / commissioning.

•    EPCM services for Coker-B Revamp of Barauni
Refinery Capacity Expansion (from 6.0 MMTPA to 9.0
MMTPA) Project of IOCL in Bihar.

•    EPCM services for New Biturox plant (300 KTPA) and
allied facilities Phase-II, Barauni Refinery, IOCL

•    LEPCM services for DCU-Revamp of Numaligarh
Refinery Expansion Project (NREP), Assam.

•    Lender's Independent Engineer for State Bank of India
(SBI) for Project Review and Assessment for financing
of HRRL's 9.0 MMTPA Refinery cum Petrochemical
complex, Barmer, Rajasthan.

•    Licensing and Project execution in Depository Mode
basis for Aqueous Ammonia Project of Numaligarh
Refinery, NRL, Assam.

•    Engineering services to BHEL for 525 TPD standby
Sulphur Recovery Unit (SRU) train at IOCL Paradip
Refinery, Odisha.

•    Consultancy services for Bitumen Maximisation
Project at IOCL Gujarat Refinery.

•    PMC services for New Biturox Plant along with allied
facilities at IOCL Paradip Refinery.

•    PMC services for setting up 4.3 TPD Electrolyser for
producing Green Hydrogen at GAIL, Vijaipur.

•    Piping Stress Analysis of FSS to TSS Line for HMEL
Refinery, Bathinda.

•    Detail engineering services for ISO Butane unit for
HMEL Refinery, Bathinda

•    Phase-II Consultancy for overall project management
and EPCM/ PMC services for capacity expansion of
IOCL Panipat Refinery, Haryana from 15 MMTPA to 25
MMTPA (P-25) project.

•    Phase-II of DCU Revamp Project in Vadinar Refinery
of Nayara Energy.

•    PMC services for De-Bottlenecking and Augmentation
of Cryogenic facilities of BPCL LPG Import Terminal at
Uran, Maharashtra.

•    EPCM Services for Site Enabling for Bina Petrochemical
and Refinery Expansion Project (BPREP) at Bina,
Madhya Pradesh.

•    Consultancy service for feasibility studies for BPCL
Mumbai Refinery Revamp, Petro Resid Fluidised
Catalytic Cracker, (PRFCC) unit and PP unit, at
Rasayani, Mumbai refinery.

•    Consultancy Services for Coke Drum Replacement at
Panipat Refinery & Petrochemical Complex of IOCL.

The following projects were secured during the year and
work is in progress:

•    PMC/ EPCM Services for Lube Modernisation and
Bottoms Upgradation (LMBU) Project, Mumbai
Refinery, HPCL.

•    EPCM services for Polypropylene Project at
Numaligarh of NRL

•    Demo BIO ATF Plant Project of Mangalore Refinery and
Petrochemicals Ltd. on EPC Reimbursable (OBE) basis.

•    FEED + PMC Services including RFP document
preparation for Ethylene Tank with associated
facilities at GCPL, Dahej.

•    PMC Services for Double Wall Storage Tank
at GCPL, Dahej.

•    EPCM - 2 services for Refinery facilities for Bina
Petrochemical & Refinery Expansion Project (BPREP).

•    PMC services for the Sustainable Aviation Fuel
(SAF) Project at Panipat Refinery & Petrochemical
Complex of IOCL.

Petrochemicals

Your Company has been involved in the establishment
of several Mega Petrochemical Complexes in India. The
Company has provided Engineering Consultancy services
for various processes including Gas based/ Naphtha

based Cracker Complexes and Aromatic plants comprising
Naphtha Splitters, Pre-treaters/ Reformers, Benzene -
Toluene Extraction units, Pyrolysis Gasoline Hydrogenation
Units, Xylene Fractionation and Isomerisation units
including overall integration and optimisation of
such complexes.

Significant progress has been made on the following
Petrochemical Projects, some of which are under final
stage of completion:

•    EPCM Consultancy Services for Petchem Marketing
Terminal of HPCL at Barmer, Pachpadra, Rajasthan.

•    EPCM Services for Iso Propyl Alcohol Plant at GAIL
Usar, Maharashtra

•    EPCM services for 500 KTPA Propane Dehydrogenation
(PDH)/ Polypropylene (PP) Unit at GAIL, Usar
in Maharashtra.

•    EPCM Services for Hydrogenated Pyrolysis Gasoline
(HPG)-2, Butene-1 and Pressure Swing Adsorption
(PSA) units in BCPL, Lepetkata, Assam.

•    PMC Services for De-Aromatised Solvents (DAS) unit
at BPCL Mumbai Refinery, Maharashtra.

•    PMC services for Styrene Project, IOCL Panipat Refinery.

•    EPCM services for 60 KTPA Polypropylene plant at
Pata Petrochemical Complex of GAIL in Uttar Pradesh.

The following Projects were secured by the Company in
Petrochemical Sector during the year and are in progress:

•    Overall Project Management as Managing PMC
and PMC/EPCM Services for Ethylene Cracker Unit

and Utilities & Offsites (MPMC and EPCM-1) of Bina
Petrochemical & Refinery Expansion Project (BPREP)
at Bina, Madhya Pradesh.

•    PMC 1 Services for Polypropylene unit and
Butene-1 unit of BPREP.

•    Consultancy services for setting up of 750 KTA PDH
and 500 KTA PP Plant with Ethane and Propane
Storage and handling facility at Dahej Petrochemical
Complex, Petronet LNG Limited.

•    PMC and EPCM Services for Polypropylene Unit and
PFCC Unit Revamp of BPCL at Kochi, Kerala.

•    PMC-1 - Phase I services for Paradip Naphtha Cracker
(PDNC) block and High-Density Polyethylene (HDPE)
units under the Paradip Petrochemical Complex
(PDPC) project of IOCL at Paradip, Odisha.

•    Project Management/Managing Project Management
Consultancy (MPMC) - Phase I services for the overall
project and Project Management Consultancy (PMC-
2) - Phase I services for PP, IPA, EDC/VCM units and
Offsites & Utilities (O & U) under the PDPC project at
Paradip, Odisha.

•    Planning & site PMC for VAM & VAE project, at Dahej,
Gujrat for Asian Paints Ltd.

Strategic Storages

The Strategic Crude Oil Storage Program is the flagship
energy security initiative of the Govt. of India, aimed at
establishing a buffer stock of crude oil in underground
rock caverns to safeguard against potential disruptions in
international supply.

During the year, the Company achieved significant
progress in PMC services for storage of 80,000 MT of LPG
in underground rock caverns at Mangalore, Karnataka for
HPCL. The Cavern Acceptance Test (CAT) has been completed
and the project is in advanced stage of commissioning.

Metallurgy

Your Company is a leading Engineering Consultancy Service
Provider for non-ferrous metallurgy having executed
a large number of greenfield Smelter and Alumina
Refineries in India.

During the year, the Company achieved significant progress
in following projects:

•    Basic & Detailed Engineering of Balance of Plant
for direct reduce Iron plant of Jindal Steel & Power
Limited (JSPL), at Angul, Odisha.

•    Consultancy services for Retrofitting of HRD (High-
Rate Decanter) and DCW (Deep Cone Washer) in
Stream - 1, Stream - 2 and Stream - 3 of NALCO at
Damanjodi, Odisha.

•    Consultancy services for 2^nd Raw Water Intake Pump
House and Pipeline of NALCO at Damanjodi, Odisha.

•    Consultancy services and construction management
for addition of 11^th Rectifier Group (Swing Group)
between Potlines 3 and 4 of Aluminium Smelter
of NALCO at Angul, Odisha.

•    Owner's Engineer Services for MDO and Evacuation
facilities at Kurmitar Iron Ore Mines for Odisha Mining
Corporation Ltd., Odisha.

•    Consultancy services for Capacity Enhancement of
Tailing Dam of Malanjkhand Copper Project of HCL,
Madhya Pradesh.

The following assignments were secured by the Company
during the year and work is in progress:

•    Detailed Engineering Consultancy Services for Aditya
Aluminium Smelter Expansion Project, Lapanga, Odisha.

•    Basic Engineering and Detailed Engineering services
for New Reactor Furnace for DRI-2, Jindal Steel &
Power Limited (JSPL), at Angul, Odisha.

Infrastructure

Your Company has developed a strong track record
in Infrastructure sector by providing a wide spectrum
of services such as Project Management (including on
Depository Basis), Third Party Inspection (TPI), Quality
Assurance, Independent Engineer and Lender's Engineer
services, Project Appraisal and Project Execution Services

in some of the important Projects of key clientele
in the Sector.

During the year, following major projects were completed:

•    Repair and Redevelopment of various public amenities
at NAMO Ghat at Varanasi, Uttar Pradesh.

•    OBE services for "Upgrading of IPSHEM (Institute
of Petroleum Safety, Health and Environment
Management) to World-Class Facility" of ONGC in Goa.

Upholding our commitments to customers, your Company
continued to achieve substantial progress in following
infrastructure projects:

•    Principal Consultant Firm (PCF) for Setting up of
Reserve Bank of India's (RBI) Greenfield Data Center
and Training Institute at Bhubaneswar in Odisha.

•    Extension of TPI services for Infrastructure Projects of
Pune Municipal Corporation, Maharashtra.

•    PMC services for Rajiv Gandhi Knowledge Service &
Innovation Hub at Jodhpur, Rajasthan for RajCOMP
Info Services Ltd.

•    PMC services for Construction of Petronet LNG Ltd.'s
office building at Dwarka Sector - 14, Delhi.

•    Third Party Inspection services for completing
Unitech's incomplete projects across India.

•    Third Party Assessment for Engineering Review and
Project Management for Fintech Digital Institute,
Jodhpur, Rajasthan.

•    Third Party Inspection Services for Indo-China Border
Road (ICBR-1) for Border Management-Ministry of
Home Affairs (MHA), Govt. of India.

•    PMC Services for Development of India International
Horticulture Market at Ganaur, Haryana of
Haryana International Horticultural Marketing
Corporation Limited.

•    Construction of Multi-storied Building for Integrated
Office-cum-Data Centre Complex in Delhi for
Intelligence Bureau.

•    PMC services for Rajiv Gandhi Center for IT
Development and E-governance, Jaipur, Rajasthan.

•    Comprehensive Design Engineering & PMC
services for Development and Upgradation of
Infrastructure at NSEZ Noida.

The Company's footprints in Infrastructure Sector received
an impetus with securing of the following assignments
during the year:

•    Construction of World Class Convention Centre and
Management Training facilities at ONGC ATI, Goa on
EPC reimbursable/OBE basis.

•    Construction of Yatri Niwas Complexes at Baltal
Camp, Nunwan camp, Bijbehara and Sidra in J&K on
OBE mode of execution.

•    Redevelopment of Residential Properties-Phase-1 at
ONGC Mumbai on EPC Reimbursable (OBE) basis.

•    Construction of 32 D Type Flats, 01 E type Asset House
& 64 B Type Residential Accommodation for SRPF at
ONGC Nagar, Mehsana Asset on OBE basis.

•    Construction of various infrastructure works at WON
Basin, ONGC, Vadodara on OBE basis.

•    PMC services for Design & Development of lndian
Institute of Management, Nagpur (Maharashtra) for
Phase-ll & lll of New Campus.

•    Project Management Consultant (on Depository
Mode) for Development of llT Jammu, Phase 'B'.

•    Office Building of Newtown, Kolkata through EPC
Reimbursable Procurement Strategy / OBE Method.

•    PMC Services for Construction of Office Building
Complex at Mallet Bunder, Mumbai of Jawaharlal
Nehru Port Authority

•    Following assignments for construction of Shri Ram
Temple at Ayodhya:

h Third Party Audit Services

h PMC for establishment of Guest House, Trust
Office, Multipurpose Hall and allied facilities.

h PMC (on depository basis) for construction of
boundary wall around the Mandir Complex.

•    Project Management Consultancy for development
of memorial for Barunei Paika Sangram Project at
Khurda, Odisha.

•    Development of Field Training Modules at Nagpur of
National Fire Service College Rajnagar, Nagpur.

Airport

Your Company has established a strong foothold in the
Airport sector, delivering a wide spectrum of project
management services, including DPR preparation &
Independent Engineering services and PMC services for
several major projects of key clients in the Sector.

Reaffirming its commitment to customer satisfaction,
your company has continued to make significant progress
across the following airport projects:

•    PMC Services for Construction of Domestic Terminal
of Leh Airport.

•    Independent    Engineers' Services for    Noida

International Airport, Jewar, Uttar Pradesh for Noida
International Airport Limited (NIAL).

•    Independent Engineers' Services for Bhogapuram
International Airport, Andhra Pradesh.

/ \

EIL has established itself as a key player
in India's Airport sector offering a wide
spectrum of    services    including    DPR

preparation, Independent Engineering
services and PMC services.

V__

During the year, the company secured the following
assignment in the airport sector, with substantial progress
achieved in project execution:

•    Independent Engineer (IE) services for Upgradation
& Modernisation of Dr. Babasaheb Ambedkar
International Airport, Nagpur through PPP Mode
on DBFOT basis.

Water and Waste Management

Your Company has the expertise to undertake a multitude
of Water Treatment projects such as raw water intake and
treatment systems, Desalination plants, Cooling Water
plants, Water Injection plants, Demineralisation Plants,
Condensate Polishing plants etc. The Company has also
evolved basic engineering for standard modules for
Municipal Sewage Treatment Plants as well as Standalone
Recycle Plants.

During the year, following major projects were completed:

•    Execution of entry level activities including
development of Ghats and Crematoriums in
Uttar Pradesh and Implementation of Sewerage

Effluent Treatment Plant (ETP) at Rajasthan Refinery Project

Infrastructure works under the Namami
Gange Programme.

Following projects are in progress and at various
stages of execution:

•    Technical Assessment and Transaction Advisory
for Bio-Methanation and Waste to Energy
Projects of MoHUA.

•    PMC for Construction of 60 ML Guard Pond, 30 ML
Equalisation Tank and Boosting Pumping Station for
Narmada Clean Tech (NCT) at Final Effluent Treatment
Plant at Ankleshwar, Gujarat.

•    PMC services for replacement of existing pipe line
at three locations in Jhagadia-Kantyajal Section and
construction of Guard Pond (45 MLD) and associated
work at FETP Jhagadia.

•    Review of Due Diligence of existing Detailed Project
Report & PMC services of augment & upgrade water
supply to various consumers in the Jhagadia industrial
area in Jhagadia, Gujarat.

Fertilizers

Your Company is leveraging its capabilities to tap significant
business opportunities presented by fertilizer sector in
India and Overseas.

The following assignments were secured by the Company
during the year and work is in progress:

•    PMC services for EPC contract for Revamp of Ammonia
Plant Line-1 and Line-II at Thal Maharashtra, from
Rashtriya Chemical and Fertilizer Ltd.

•    PMC services for Zero Discharge Plant of NFL,
Vijaipur, Madhya Pradesh

Coal

Your Company is providing Consultancy services for
various coal-based Projects.

Following projects are in progress and at various
stages of execution

•    PMC services for pre-award activities, including
preparation of tender documents, tendering process,
and selection of a suitable firm on Lump Sum Turnkey
(LSTK) / LEPC / EPC basis, for the Lignite to Methanol
via Gasification Project (capacity: 1200 MTPD of
Methanol) by NLCIL at Neyveli, Tamil Nadu.

•    Techno-economic feasibility study to establish a plant
to produce 400 TPD capacity Ammonium Nitrate Melt
through gasification of coal in command areas of
Singareni Collieries Company Ltd.

Non-Conventional Source of Energy

In the Alternate Fuels space, your Company is providing
EPCM services for Assam Bio Refinery Project of M/s Assam
Bio Ethanol Pvt. Ltd, the first of its kind plant in India.
Construction activities related to Civil/Structural works are
under advanced stage of completion. Tankages erection,
Mechanical/Piping work, Electrical & Instrumentation work
are in progress. Ethanol blended Motor Spirit system (EBMS)
has been commissioned.

The following assignments were secured by the Company
during the year and are in various stages of execution:

•    PMC Services for setting up of 13.7 MWp Roof Top
Solar Project for HMEL Green Energy Pvt Ltd.

•    Independent Engineers' Services for the Production
linked Incentives (PLI) scheme for Advanced Chemistry
Cell (ACC) for Ministry of Heavy Industries,
Govt. of India.

Speciality Chemicals

The following assignments were secured by the Company
during the year and are in various stages of execution:

•    Design, Engineering, Procurement assistance, Project
management and control for SNI, SNA, Offsites &
Utilities, Infrastructure including Outside plant limit of
DOIL (Deepak Oman Industries LLC).

During the year, your Company achieved significant
progress in the following project/assignment, which is
under progress/ final stage of completion:

•    MIBC, MIBK and O&U Project for Deepak Chem Tech
Ltd. at Dahej, Gujarat

Captive Power Plant

The following assignment was secured by the Company
during the year and is under execution:

•    Design, Engineering & Project Management
Consultancy Service for creation of CPP at ONGC
Rudrasagar, Assam asset.

The following assignment achieved considerable progress
during the year:

•    Engineering & Project Management Consultancy Service
for creation of CPP at ONGC Geleki, Assam asset.

Defence

The following assignment was secured by the Company
during the year and is under execution:

•    TNT Project at the High Explosives Factory (HEF)
in Khadki, Pune for Munitions India Limited (MIL) is
under progress.

Marketing Terminal

The following assignments were secured by the Company
during the year and are under execution:

•    DPR for Panchgram Marketing Terminal & EPCM
Services for Boundary Wall Construction at
Panchgram, NRL.

•    DPR for Crude Oil Tank wagon (TW) loading
at OIL, Duliajan.

C₂/C₃ Plant

The following assignment was secured by the Company
during the year and is under execution:

•    Selection of Flare Gas Recovery System (FGRS) and
FEED Preparation for ONGC Dahej Plant.

9. Overseas Consultancy Assignments

Your Company has leveraged its strong track record in
the Indian Hydrocarbon sector to successfully expand its
international operations. Over the years, the Company has
emerged as a global player with the execution of a number
of prestigious assignments for International Energy majors
in Middle East, South America, Africa and South East Asia.

During the year, following Overseas Assignments were

successfully completed:

•    FEED of SARB Produced Water Treatment Project at
Zirku Island - E-2041 (11549), ADNOC Offshore, UAE.

•    CED FWA T.2 : BROWN FIELD EWRS - PMRS FOR LZ
AND DAS, ADNOC Offshore, UAE.

•    CED FWA T.16: Lower Zakum Facilities Hazop/
Engineering Packages and C5934 - Study requirements
to put DIYAB Appraisal well ZK420 (WHT ZK-374) on
Production, ADNOC Offshore, UAE

•    Engineering Services for MOL Welding Workshop,
FEED for Upgradation of Crude Storage Tanks Foam
System and FEED for Replacement of the Obsolete
F&G Detection System at JD, ADNOC Onshore, UAE.

•    Revalidation Of Pre-FEED Process Waste Steam for
Power Generation through BPST in Ruwais Train -4,
ADNOC Gas, UAE.

•    EPCM services for the prestigious Dangote Refinery
and Petrochemical Project, Nigeria comprising a
650,000 BPSD grass root Petroleum Refinery and
830 KTPA Petrochemical Complex at Lekki Free Trade
Zone, Nigeria for Dangote Oil Refining Company
(DORC). This is the largest single train refinery in the
world. The Project facilities include crude oil receipt
and storage including SPMs with associated offshore/
onshore pipelines. All Process Units along with Utilities
& Offsite facilities have been Mechanically completed.
The project has achieved significant milestone with
the commissioning of Process units and taking out
products like (Gasoline, Kerosine, Diesel, LPG, ATF,
Polypropylene, etc.)

/ \

The Dangote Refinery and Petrochemical
Project, Nigeria comprising a 650,000 BPSD
grass root Petroleum Refinery and 830 KTPA
Petrochemical Complex is the largest single
train refinery in the world.

V_

•    CED FWA T10 - ABK Facilities Engineering Framework
Package - 2, ADNOC Offshore, UAE.

•    FEED Services for HALON Systems Replacement
PHASE-2 AT LZK and USSC, ADNOC Offshore, UAE.

•    Study and FEED for SE Miscellaneous Works - Package
1, ADNOC Onshore, UAE.

•    Ghasha Consession Projects-Mishrif Oil
Development Project

•    Pre-FEED Services for Valorising excess Ethylene in
RFFCU, ADNOC Refining, UAE.

•    Engineering Design package for desalter installation in
4A CDU & 5 CDU of Bahrain Refinery, Bapco Refining.

Various FEED Engineering, PMC, Technical Support services

are being provided to ADNOC, UAE under the following

service agreements:

•    Technical Support Services Agreement (TSSA) of
ADNOC Gas Processing and ADNOC IG, UAE.

•    PMC Services on Call Off Order Basis for Construction
of Industrial Projects Facilities and other Civil Projects,
ADNOC Distribution, UAE.

•    Process Engineering Services for Hydro Cracker
Revamp Projects, ADNOC Refining, UAE.

•    General Engineering Services of ADNOC Onshore, UAE.

•    Concept, Pre-Feed and Feed Framework agreement
-Phase II of ADNOC.

•    Engineering and Project Management Services for
RSI, ADNOC Refining, UAE

•    Framework Agreement for Concept Design, Pre-FEED
& FEED Services Phase 1: for Projects with CAPEX
more than USD 200M

•    PMC Framework Agreement

•    Engineering and Project Management Services for RSI

Following overseas assignments are in progress and at

various stages of execution:

•    PMC services for 1.5 MMTPA grass root refinery in
Mongolia which is being set up under Line of Credit
extended by Govt. of India to Govt of Mongolia.
The Mongol refinery project is being implemented
through Four nos. of EPC packages. EPC 1 work (Early
Project activities) have been completed. Engineering,
Procurement and Construction work for EPC 2 (Open
Art Units, Utilities & offsites) and EPC 3 (Captive Power
Plant) are in progress. EPC 4 package (Licensed Units)
has been awarded.

•    Consultancy Service for the Supervision of the
Guyana Integrated NGL Plant and 300MW CCGT
Power Plant for Guyana Power & Gas Inc. (a wholly
owned Company of Government of Guyana), under
Ministry of Natural Resources (MNR). Engineering
and Procurement activities have achieved significant
progress and major equipment like Gas Turbine

Generator (GTG), Steam Turbines, Transformers etc.
have been delivered. Piling and foundation works
are in progress.

•    Design and Detailed engineering services for setting up
cryogenic tanks of Ethane and Propane for Aja Energy
FZE, Nigeria. EPC contract for Tank construction has
been awarded and work in progress.

•    Design and PMC services for Setting up New NG/ Off
Gas fired Boiler 250TPH capacity and BoP for Dangote
Fertilizer, Nigeria.

•    FEED and PMC Services For NHT-CCR Reforming Unit
at Arzew Refinery, Sonatrach, Algeria.

•    Engineering Services for Reduction of Flare Gas
from the Ourhoud Field, Sonatrach-Ourhoud
Organisation, Algeria.

•    Consultancy Services for FEED and ITB preparation
for revamp of existing AGRP-1 Unit in MAA Refinery
for KNPC, Kuwait.

•    Consultancy services for FEED development & ITB
preparation for Energy Efficiency Improvement Capital
Project at Mina Al-Ahmadi Refinery, Safat, Kuwait.

•    Consultancy Services for FEED review of
PETCHEM2 (2X600 KTPA) PDH & PP UNIT of ODUM
Energy FZE, Nigeria.

•    Engineering Design package preparation for U&O of
PETCHEM2 (2X600 KTPA) PDH & PP UNIT of ODUM
Energy FZE, Nigeria.

The following assignments were secured by the Company

during the year and are in various stages of execution:

•    FEED Services for RMU Substation -    E1846,

ADNOC Offshore, UAE.

•    CED FWA T.2: Brown Field EWRS-PMRS for LZ and DAS
Concept Design, Pre-FEED & FEED Services-Phase 2.

•    CED FWA T.16: Lower Zakum Facilities Hazop/
Engineering Packages and C5934 - Study requirements
to put DIYAB Appraisal well ZK420 (WHT ZK-374) on
Production, ADNOC Offshore, UAE.

•    CED.FWA.T19: PMRS/FCS FOR LZ PKG-8 & DAS PKG-
5, FEED For Alarm System Upgrade for AQ/BQ
Building & For F&G System for Utilities at Das Island,
ADNOC Offshore, UAE.

•    T20: PMRs/FCs Zirku Pkg - 6, ZR Sarb Pkg 3, Operator
Shelter and Blasting & Painting Yard, ADNOC
Offshore, UAE.

•    T24: UZ EI Studies/Engineering Packages (Package 3)
& Upper Zakum Facilities Plant Modifications (Package
10), ADNOC Offshore, UAE.

•    P24044: Transient Study for Mandous Project - Phase
II, ADNOC Onshore, UAE.

•    PMC Services for Lower Zakum Long Term Development
Plan (LTDP-1) Projects, ADNOC Offshore, UAE.

•    Engineering & Project Management Services for
Fujairah Oil Tanker Terminal (FOTT): Berth-10 and
Berth-11, Port of Fujairah, UAE.

•    Engineering and Project Management Services for
RSI, ADNOC Refining, UAE.

•    Engineering Services for Reduction of Flare Gas
from the El-Merk & HBNS oilfield, OXY (Occidental of
Algeria, LLC), Algeria.

•    Engineering Consultancy for New#3 API Separator

Modification Project in    Bahrain Refinery,

Bapco Refining.

•    Techno-commercial study    for Replacement

of PLATFORMER Gas Turbine driven recycle
Gas compressor package in Bahrain Refinery,
Bapco Refining.

•    Jettyless Green Ammonia Transfer System (Offshore
Part of the Project) of ACME'S 300 MTPD (Phase-I)
Green Ammonia Project, in Sultanate of Oman.

10.    Turnkey Projects

Your Company's turnkey project portfolio consists of
projects executed on LSTK mode or on the 'Open Book
Estimate (OBE)' basis.

The following OBE/ LSTK jobs achieved considerable
progress during the year:

•    Replacement of 3 nos CSU Off Gas Compressors, 06
nos Regeneration Gas Compressors & Installation of
01 CBD Vessel at ONGC, Uran.

•    Revamp of Slug Catcher IIA New (12 Fingers) at Uran
Plant of ONGC in Maharashtra.

•    Revamp of Slug Catcher at Uran Plant of ONGC
in Maharashtra.

11.    HSE Management System

Your company's ISO 45001:2018 (Occupational Health
and Safety Management Systems) and ISO 14001:2015
(Environmental Management Systems) certifications
were successfully audited and reassessed by accredited
certification body during this year and declared conforming
to ISO Standards. Apart from ensuring effectiveness of the
HSE Management System, these certifications provide an
edge in securing business, especially overseas.

Your company received the prestigious Golden Peacock
Occupational Health and Safety Award (GPOHSA) which
recognised your company's commitment to reinforcing
best practices for Occupational Health & Safety at the
Corporate Level by including a fully integrated approach
for the protection of the safety interests of all stakeholders.

HSE matters are discussed in the Management Review
Committee (MRC) meetings and are resolved. C&MD and
Functional Directors are members of the MRC while all

Executive Directors and Senior officials participate in the
meetings. Internal HSE Audits are conducted across the
Company by qualified and independent Lead Auditors for
ISO 45001:2018 & ISO 14001:2015 to verify conformance
with the defined systems and procedures.

On the occupational health front, your company conducted
various health talks under the umbrella of HALE (Health
Assessment and Lifestyle enrichment). Also, numerous
health camps were conducted under this umbrella to
address specific and generic health conditions. International
Yoga Day was celebrated across your company's Offices
and Construction Sites with great enthusiasm and
extensive participation from the employees. Mock drills
were conducted across your company's Offices and
Construction Sites to ensure preparedness and build
resilience towards emergency scenarios. Fire-fighting
training was also imparted to employees periodically.

On environment preservation front, the World Environment
Day campaign with emphasis on Land Restoration,
Desertification and Drought Resilience was organised
across your company's Offices and Construction Sites.
Your company called upon its stakeholders and the local
community to participate in plantation of tree saplings. A
number of paper-based processes were digitalised with
the objective of reduction of paper consumption (carbon
footprint) across the company. As part of your company's
commitment towards creating awareness of cleanliness,
Swachhta Pakhwada was observed from 01 - 15 July, 2024
across your company's Offices and Construction Sites in
which employees pledged to maintain cleanliness and

r    \

EIL received the prestigious Golden Peacock
Occupational Health and Safety Award
(GPOHSA) which recognises its commitment
to reinforcing best practices for Occupational
Health & Safety at the Corporate Level.

hygiene in workplace and surroundings and act as catalysts
for behavioural change to achieve our collective aspiration
of a clean and green India.

On the engineering front, HSE aspects that are to be
addressed in the design engineering phases are built
into the procedures/specifications of various engineering
departments. Exhaustive HSE checklists are in place to
ensure that these aspects are complied positively during
process design and engineering phases.

Being a renowned engineering consultant in the
hydrocarbon sector, your company deploys proven risk

assessment methodologies like HAZOP (Hazard and
Operability Study), RRA (Rapid Risk Assessment), QRA
(Quantitative risk assessment) and SIL (Safety Integrity Level)
to ensure the process safety of the plants being designed.

On the construction front, HSE documentation has been
revised during this year in line with the current trends and
to improve the HSE performance. Schemes recognising
construction sites based on HSE performance and
issuance of appreciation certificates to best performing
construction contractors are being continued. HSE award
mechanism for Individuals, which was introduced in year
2022 is being sustained with high participation levels
across our construction sites. The objective of these reward
mechanism is to foster and promote the culture of Safety.
Your company celebrated National Safety Week across its
offices and sites. The celebrations were used as a platform
for improving safety awareness amongst the employees.
HSE galleries were established at construction sites in
order to promote and create a healthy safety culture.

The HSE In-house publication - 'HSE Pulse' is being issued to
all employees to communicate the HSE events and updates
across the company.

12. Quality Management System

Quality is inbuilt into the processes, workplace,
deliverables and services of your Company. Quality
Management System of the Company is being reassessed
through External Audits across the company for continual
conformance to ISO 9001:2015, by third party certification
agency. During the year, your Company was audited and
reassessed during Recertification audit and declared
conforming to International standard ISO 9001: 2015. The
current Certificate is valid up to 13.10.2027.

Towards operational excellence, Quality Circle and Six
Sigma Projects are executed in various departments to

promote the culture of decision making at working level
and thereby increase the operational efficiency. System
Committee, which is the cross functional committee of
senior members, spearheads the Quality Movement in
EIL which includes "operational excellence". Important
ingredients of our quality initiatives are effective &
comprehensive Internal Quality Audit process, planned
customer perception surveys, analysis of feedbacks
from stakeholders and regular reviews & directions from
the Management Review Committee (MRC). The MRC is
chaired by the C&MD with all functional Directors being
members. Regular monitoring is being done to analyse
the data & feedback for recommending improvements in
processes, deliverables and QMS to reduce costs, shorten
cycle time, address cross functional issues, improve
visibility and credibility. QMS implementation and its
effectiveness have been further increased by using in¬
house developed software.

The Quality Management System of EIL's Abu Dhabi office
was also separately audited and reassessed during financial
year FY 24-25 and declared conforming to ISO 9001:
2015 standard. Quality Management System provides a
competitive edge in securing and executing projects with
focus on full customer satisfaction. A digital newsletter
"Eminence" is being issued to all employees, to promote
awareness and to improve the Quality Management
culture. In addition, the Company participated as a
prominent and active member in various committees for
formulating quality system standards under the aegis of
Bureau of Indian Standards.

13. Risk Management system

The objective of the Corporate Risk Management
function is to ensure sustainability of the organisation by
professionally managing the Enterprise Risks. Enterprise
Risk Management (ERM) involves identification, assessment,
analysis, mitigation and monitoring of the Risks. The ERM
system of your Company performs the above mentioned
Risk Management activities across the business functions
of the organisation. EIL's Risk Management framework
is based on ISO 31000 (Risk Management Principles and
Guidelines) and meets regulatory requirements namely
SEBI LODR, Companies Act and Department of Public
Enterprise (DPE) Guidelines. Risk Management process
has also been integrated with the Quality and HSE
Management System requirements as per ISO 9001:2015
& ISO 45001:2018 standards. The Risk Management
framework of your Company is overseen by the Risk
Management Committee of the Board. Key risks across
various business processes namely Procurement,
Construction, Project Management, Business Development,
Cyber Security, ESG, Human Resources, Legal, Accounts &
Recovery have been identified.

Changes in the Key Risks have been approved by the Risk
Management Committee of the Board. Mitigation plans are
in place for these risks and deployed across the organisation.
An independent group (Corporate Risk Assurance) audits
the compliance verification of these mitigation action
plans regularly and the results are presented to the Risk
Management Committee of the Board. Your Company
uses its in-house developed software package 'Enterprise
Risk Management System (ERMS)' to conduct these audits
across multiple locations and departments. Being a Project
Management organisation, Project Risk Management
framework has been put in place so that project specific
risks are identified, assessed and mitigated. Regular Risk
Management meetings are conducted and reports are
issued to the stakeholders.

The status of Enterprise Risk Management (ERM) &
Project Risk Management (PRM) System is presented to
the Risk Management Committee of the Board regularly.
A digital newsletter 'Risk Screen' is being issued to all
employees, to promote awareness and to sustain &
improve the Risk Management culture. The newsletter
covers case studies, survey reports and best practices on
Risk Management apart from apprising the employees
on the Risk Management updates within the company.
Employees across all levels are being continuously trained
on Risk Management to improve awareness levels and
increase their contribution and improvement towards the
Risk Management function. EIL is continuously improving
its risk management capabilities in order to protect and
enhance the interests of its stakeholders.

14. Vigilance

The Vigilance Department aims to uphold the highest
standards of integrity and transparency within the
company. The Department is led by the Chief Vigilance
Officer who works in close coordination with HOD -
Vigilance and a dedicated team of Vigilance Officers. The
Vigilance Department acts as a vital bridge between EIL and
the Central Vigilance Commission and MoPNG, providing
incessant guidance to the company on all matters related
to probity, transparency and good governance practices.

The Vigilance Administration is carried out in accordance
with the latest CVC Manual that is updated regularly,
besides the relevant guidelines and circulars issued by the
Department of Personnel & Training (DoPT), Department of
Public Enterprises (DPE), Central Vigilance Commission (CVC)
and the Ministry of Petroleum and Natural Gas (MoPNG).
The Vigilance Department consistently strives to leverage
technology. Quarterly Progress Reports on such matters
are regularly submitted to the CVC and MoPNG, evidencing
the state of art systems that have been adopted and
implemented by the company. The Vigilance Department
conducted various routine activities, including detailed

investigation of complaints and Surprise Inspections at
site. Remedial measures for Systemic Improvements
have been suggested by Vigilance throughout the year.
Several recommendations on Systemic Improvements and
Advisories aimed at enhancing transparency, efficiency
and accountability, have been specifically mandated by all
the Directorates.

Vigilance Clearances have been accorded each year for
various purposes like when applications are received for
Board level appointments and thereafter at the time of
selection of the candidate after PESB recommendation.
In addition, CTE Type Intensive examinations (6 nos.)
were also conducted during the financial year along with
review of Immovable Property Returns of officials. The
work involved coordination with CBI, CVC and MoPNG,
as and when required, so that they are abreast with the
fact that governance of the company is being carried out
in a streamlined manner. Review of CAG and Internal
Audit Reports and Monitoring of Sensitive Posts is being
done regularly.

The Vigilance Awareness Week (VAW - 2024) was celebrated
with a series of programmes on the theme proposed by
CVC i.e. "Culture of Integrity for Nation's Prosperity, y^hai
HS gFpfr g a? HS gjfe." Various competitions were organised
like Poster making, Mobile skit, Quiz, Slogan, Essay,
Experience sharing competitions. A lecture was organised
on Cyber Hygiene and Cyber Security which is one of the
most significant topics in the present times, looking in to
the cyber-attacks and threats that a common man is facing
every day. This was delivered by an eminent faculty from
'Ministry of Home Affairs' and was appreciated by all those
who attended this talk.

A Workshop was conducted on "Self-Defence" by a
Team from Red Brigade, Lucknow and a Walkathon was
also organised in the EIL Gurugram campus which was
attended by a lot of employees with enthusiasm. The
Vigilance Department adopts the prescribed preventive,
punitive, and participative measures, emphasising more
on the Preventive Vigilance aspects with the endeavour to
improvise the Systems and Procedures of the company.
Hence it plays a crucial role in developing robust internal
systems and procedures, thereby ensuring more
transparency and accountability.

15. Human Resources & Industrial Relation

The HR is focused on building a motivated and engaged
workforce that is aligned with the organisation's strategic
vision. To nurture a culture of empowerment and
continuous engagement, the Company implements a
range of employee-centric policies and developmental
initiatives. These are regularly reviewed and updated to
remain responsive to evolving workplace trends and the
aspirations of employees.

As on March 31 2025, EIL has 2650 employees, including
2372 professionally qualified employees. Approximately
3.28% of our employees are located outside India
functioning in international work environments

Presidential Directives and Guidelines issued by GOI
regarding reservation in service for SC/ST/OBC/PwD
(Persons with Disability)/ EWS (Economically Weaker
Section) were conscientiously implemented to promote
Diversity & Inclusion.

EIL aimed at maintaining the appropriate mix of talent
in order to align with the changing business scenario.
Diversified talent pool was developed to cater to emergent
areas of business. The performance-based culture was
further strengthened by enabling holistic assessment of
performance and potential.

Welfare measures are undertaken to create a positive
impact on the physical and mental wellbeing of employees.
These include "Aarogyam- an online yoga session for
employees, ex-employees and their families", "Health
Awareness & Lifestyle Enrichment (HALE), "Jugnoo- a
welfare initiative designed for Children of EIL employees",
health check-ups , health talks, OPDs at work etc. Financial
support is extended to employees for enhancing quality
of life by way of various 'loans and advances'. 'Educational
Assistance' to eligible children of deceased employees
is extended to alleviate the hardship faced by the
surviving families.

Training & Development Division facilitated enhancement
of employee capabilities by organising structured domain
and soft skills training programs as per the Annual Training

f    \

EIL integrates Yoga into personality
development for balanced all-around growth.
"Aarogyam - EIL's Daily Online Yoga Program"
offers specially customised Yoga sessions
curated for EIL family members.

Calendar 2024-25 and achieved more than three training
man-days per employee.

As part of Leadership and Management Development
Initiatives, structured programs like 'Shikhar - Advance
LeadershipProgramme','Aarohan-Leadership Programme',
'Daksh-Management Development Programme' and
'Pragman-Building Managerial Excellence Programme'
were organised. Specialised domain interventions in
the area of Safety, Green Energy, Project Management,
etc. were facilitated and certifications were enabled in
areas of technical relevance. To enhance collaboration
and teamwork, 'Synergia: Onsite and Outbound learning
interventions' were organised for employees across Levels
in interfacing departments. EIL continued to strengthen its
position as the Global Knowledge Partner by organising
training programmes for foreign nationals in collaboration
with 'Indian Technical and Economic Cooperation'-Ministry
of External Affairs.

Skill Development Initiatives: Training of Apprentices
was undertaken as per the Apprentices Act 1961.

Further, structured training program were designed for
Management Trainees for providing the required domain
skills and functional knowledge. Interns under Prime
Minister's Internship Scheme (PMIS) were also engaged
and provided training for skill upliftment.

Under the HR Initiatives targeted at Capability/
Competency Assessments of Senior Executives: Hogan
Assessment, Assessment & Development Centres (ADC)
and focused intervention for the participants who have
undergone Assessment & Development Centres in the
year 2024 was organised to address specific competencies
such as Mentoring & Coaching, Fostering Teamwork &
Managing Change.

In order to keep the young minds abreast with the changing
scenario, participation is various competitions such as
"Urjaasamvaad" (debate competition), "Spectra"(collage
making competition), "Bug Bounty" (competition to identify
vulnerabilities on a single Application hosted on the Virtual
Machine image), 'URJAALEKH' (Intra-Industry Technical
Paper Writing Competition) were encouraged wherein
employees from Maharatna and Navratna Oil and Gas
CPSEs participated. Lecture sessions/ Expert talks were
organised on the topic- Collaboration, Cyber Hygiene,
Construction 4.0 etc.

Women Development: Women constitute approximately
11.9% of EIL's human resources, of which 96.2% are in
the officer cadre. Various talks, training programmes and
workshops were organised throughout the year to give
focus to women's health and well-being, financial planning,
women leadership & women development. Other initiatives
like Mother to Mother(M2M) were also organised to address
gender and demographic specific needs.

Implementation of Government Directives on
Scheduled Caste/ Scheduled Tribes

With a view to accelerate the pace of socio-economic
development of the nation, EIL has always endeavoured to
safeguard the interests of SC/ST employees. The Company
has appointed a Liaison Officer to work as a facilitator in
ensuring that due attention is paid to the issues of SC/ ST
employees. Management also encourages communication
with the office bearers of the EIL SC/ST Employees' Welfare
Association by holding periodical meetings with the

f    \

EIL strengthened its position as a Global
Knowledge Partner by organising training
programmes for foreign nationals in
collaboration with 'Indian Technical
and Economic Cooperation'- Ministry of
External Affairs.

Association. Scholarships were awarded by EIL to 15 SC &
ST undergraduate engineering students. The percentage of
employees belonging to Scheduled Castes and Scheduled
Tribes was 18.8% and 5.3% respectively of the total
employee strength of the Company (as on March 31,2025).

Implementation of Government Directives on Other
Backward Class

The Company has appointed a separate Liaison Officer for
OBCs, to work as a facilitator in ensuring that due attention
is paid to the issues of OBC employees. The percentage
of employees belonging to Other Backward Classes (OBC)
was 20.1% of the total employee strength of the Company
(as on March 31,2025).

Implementation of Government Directives on
Economically Weaker Section

The Company has implemented government directives
pertaining to reservation of Economically Weaker
Section (EWS).

Initiatives for the Benefit of Persons with Disabilities

EIL is implementing the provisions of "The Rights of
Persons with Disabilities Act, 2016" by way of providing
reservation for Persons with Disabilities. The Company has
also formulated 'Equal Opportunity Policy' and appointed
a 'Grievance Redressal Officer' for Persons with Disabilities
(PwD) (Divyangjan). As on March 31, 2025, there are 44
PwD employees on the rolls of the Company. Special
Transport Allowance is being granted to eligible Persons
with Disabilities as per guidelines.

16.    Corporate Social Responsibility

The Company's CSR initiatives and activities are aligned to
the requirements of Section 135 of the Act.

A brief outline of the CSR policy and the initiatives
undertaken by the Company on CSR activities during
the year under review are set out as a part this
report in the format prescribed in the Companies
(Corporate Social Responsibility Policy) Rules, 2014.
This Policy is available on the Company's website at
https://engineersindia.com/corporate-social-responsibility
For other details regarding the CSR Committee, please
refer to the Corporate Governance Report, which forms
part of this report.

17.    Make In India - Aatmanirbhar Bharat

EIL has been continuously engaged in the process of
creating an ecosystem conducive for the growth and
development of Indian industry by promoting local/
domestic manufacturing capacities & capabilities
in becoming competitive, import substitution and
export oriented.

Towards Make In India and Aatmanirbhar Bharat, EIL has
taken several initiatives and implemented various policies
to enhance indigenous manufacturing and develop import
substitution. Some of these initiatives, polices and progress
achieved are listed as below:

Aatmanirbhar Bharat Initiatives:

Enlistment in EIL is focused on import substitution
wherein development/ enhancement of indigenous
capabilities deserves a special focus and attention; such
items (and corresponding applications) are classified
under Aatmanirbhar-1 & 2 categories to give importance
to Aatmanirbhar Bharat Abhiyan in the right perspective.
In view of the foregoing, the following initiatives have
been taken by EIL:

•    The    enlistment    applications    for    items/

equipment/products wherein the existing lists
of approved manufacturers do not contain any
domestic manufacturer will be classified as A-1
(Aatmanirbhar-1) category.

•    The    enlistment    applications    for    items/

equipment/products wherein the existing list
of approved manufacturers contains up to two
domestic manufacturers is classified as A-2
(Aatmanirbhar-2) category.

In FY 2024-25 Indigenous Suppliers base have been
enhanced, as follows:

•    EIL has added First Indian supplier in 10 different
item categories.

•    EIL has added Second Indian supplier in 17 different
item categories.

Till date 154 different item categories have been enlisted
under A1 & A2 categories.

EIL's Make In India Policy

Under GOI's Make In India campaign, EIL had issued a
Make In India Policy in 2016 & revised the same in 2017,
with the objective to encourage foreign companies to set
up their subsidiary in India or enhance the already existing
portfolio. This policy encourages Indian subsidiary of a
foreign company (holding 51% or above shares) in case of
selective capital goods and technologies where India has
limited number of manufacturers and there is significant
scope for technology up-gradation.

As per this policy, Indian subsidiary can be enlisted/ qualified
in the tenders subject to certain conditions, using the
experience & support of either foreign principal or another
subsidiary of the foreign principal, carrying the required
experience. In FY 2024-25, for 11 product categories, 3
manufacturers have been enlisted / upgraded by EIL. Till
date, 53 different product categories, 26 manufacturers
have been enlisted/upgraded by EIL under MII initiatives.

Enlistment through Prototype route

EIL has also issued a policy wherein for sectors where
maximum three Indian players exist, even manufacturers
without PTR are being allowed to develop prototypes with
handholding by EIL. They are considered qualified based
on the successful development & testing of a prototype,
meeting the stipulated technical specifications as well as
capability and capacity of the plant being upgraded to
meet the requisite standards. Till date, 8 different product
categories, 7 manufacturers have been enlisted/upgraded
by EIL through Prototype route.

EIL's efforts for growth of domestic industry
India Energy Week

During the 3^rd episode of 'India Energy Week' held
during February 11-14, 2025 at Yashobhoomi,Dwarka,
New Delhi, EIL showcased a Make In India (MII) Pavilion
with participation of 50 suppliers displaying various
latest Industrial products viz Static Equipment, Rotating
Equipment, Piping, Electrical & Instrumentation, etc.
operating in the MII ecosystem.

Lakshya Bharat Portal

Under the guidance of MoPNG, EIL has developed a
reliable, scalable information system (titled as "Lakshya
Bharat Portal"). This web-based portal is intended to
provide opportunities for new entrepreneurs as well as
existing manufacturers both Indian & Foreign, to invest/
expand their manufacturing base in India under the
Make In India policy, with an endeavour to make India an
Aatmanirbhar Bharat.

Subsequently, in order to facilitate real time data update
by various Oil PSUs, EIL has developed APIs (Application
Programming Interface) and successfully integrated
same with EIL database. This portal is being used by Oil
& Gas companies to highlight all Capital goods & MRO
(Maintenance Repair & Overhaul) items procured by OPSUs.

/ \

At India Energy Week 2025, EIL hosted the
Make In India (MII) zone with participation of
50 suppliers showcasing capabilities of Indian
industry in design, engineering, manufacturing
& testing across the energy value chain.

V_________

Regular Vendor Meets

EIL has been organising manufacturers' meets from
time to time with an intention to meet the entire vendor
community to understand their issues and pain areas.
In addition, focused meets have been held on specific
items providing the intending entrepreneurs and existing
manufacturers with the detailed perspective of the product
under consideration. Moreover, meets were organised with
MSE-SC/ST and Woman Entrepreneurs for inclusive growth
of all sections of society. In FY 2024-25, EIL had organised
18 Vendor Meets.

Start Up India

In line with the Government of India's 'Start-up India'
initiative, EIL has implemented a policy to encourage
and support start-ups (with no PTR for the item under
consideration) to manufacture the item and, and upon

successful completion, become an enlisted supplier with
EIL. In FY 2024-25, for 03 product categories, 1 manufacturer
has been enlisted by EIL.

Online 24x7 empanelment process

To facilitate the empanelment process for various goods
and services, enlistment portal in EIL is made live on
24x7 basis for all suppliers and contractors seeking
empanelment in EIL Master Supplier / Contractor list.

Handholding through a chain of Regional
Procurement Offices

EIL has 09 (Nine) Procurement offices located throughout
India which are closely interacting with the Indian
Manufacturers in respective regions and providing all
necessary procedural and technical support & guidance to
improve quality and range of manufacturing.

Other activities:

a.    EIL is also mapping all emerging areas where the
government, with the aim of strengthening domestic
manufacturing, is announcing PLI schemes, and
has been entrusted as 'Independent Engineer' for
Advanced Chemistry Cells (ACCs).

b.    EIL has developed indigenous Desalter and Double
Wall Column (DWC) Trays technology in association
with BPCL and making efforts to indigenize
manufacturing of these items.

18. Official Language

Several significant initiatives have been undertaken in this
regard, as outlined below:

• Major Initiatives:

•    Statutory Compliance: Provisions under
Section 3(3) of the Official Language Act
and relevant rules were duly complied with.
Timely submission of Rajbhasha reports was
ensured to the Ministry of Petroleum and
Natural Gas, Department of Official Language,
Ministry of Home Affairs, Government of India,
and the respective Town Official Language
Implementation Committees (TOLICs).

•    Quarterly Meetings: Regular meetings of the
Official Language Implementation Committees
(OLICs) were conducted to review the
progressive use of Hindi. The scheduled target
of four meetings for various Regional, Field and
Procurement Offices was successfully achieved
during the financial year.

•    Participation in TOLIC Meetings: Senior
officials of EIL actively participated in the

meetings of the Town Official Language
Implementation Committees.

•    IT Initiatives for Hindi Enablement: Hindi
Unicode support has been enabled across
all computers. Digital tools, standard noting
booklet, Hindi email signature, Google voice
typing and other Hindi softwares were installed
and demonstrated during Hindi workshops.
Relevant Hindi softwares, glossary and resources
were uploaded on the Company portal
for employee use.

•    Online Hindi QPR Portal Enhancement:
The software 'Rajbhasha Pragati Report'

for compiling the Company's Hindi Quarterly
Progress Report (QPR) was upgraded. The QPR
and claim process for Hindi Coordinators is
now fully digital and paperless. The Rajbhasha
portal has been updated with the latest Official
Language Annual Programme for the year
2024-25. Various types of material related to
Hindi workshop, information and circulars related
to Hindi promotion schemes, standard bilingual
noting, parliamentary inspection questionnaire,
glossary etc. are updated from time to time.

• Other Key Initiatives:

•    Employees were encouraged to work in Hindi
by way of introducing 'Incentive Scheme for
Hindi Emails', 'Departmental Inspections' and
organising online competition on the occasion of
International Mother Language Day.

•    The first edition of the annual in-house Hindi
magazine 'Kriti: A collection of creative
endeavours of EIL employees' was released
during the Hindi Fortnight celebrations.

•    The online Hindi Pragati Portal has been launched
for submission of quarterly progress reports.

•    Hindi Teaching & Training:

•    In line with the Government's Official Language
Policy, employees with no prior knowledge of
Hindi were nominated for the correspondence
course by the Ministry of Home Affairs.

•    100% target was achieved for
stenographers and typists.

•    Hindi Fortnight Celebration (14-27

September, 2024):

•    Various competitions were organised to
promote Hindi usage.

•    Hindi Kavita Path competition was organised for
Employee's children.

•    Prizes were awarded to winners, as well as to the
best-performing Heads of Departments and Hindi
Coordinators for their outstanding use of Hindi.

•    Rajbhasha Conferences:

•    Northern Regional Conference (A Region):

Two    Rajbhasha conferences    were organised

in "A" region at EIL Delhi and EIL Gurugram
Office complex on June 10, 2024 and June 12,
2024 respectively.

•    Eastern Regional Conference - Organised by
EIL RO and RPO Kolkata on December 1 1, 2024
with participation from various sites.

•    Western Regional Conference - Held at EIL
Branch Office, Mumbai on December 17-18, 2024.

•    Vadodara Conference    -    Conducted on

December 19, 2024 by EIL RO and RPO Vadodara.

•    Southern Regional Conference - Conducted
on March 25, 2025 at EIL Regional Office Chennai.

•    Parliamentary Committee Inspection:

•    The    Parliamentary Draft    &    Evidence Sub¬

Committee inspected the EIL R&D office in
Gurugram and expressed satisfaction with the
implementation of the Official Language Policy.

•    Awards & Recognition (Rajbhasha Vibhag):

•    R&D    Office, Gurugram    -    Conferred with

the Rajbhasha Shield during Hindi Fortnight
celebration for excellence in Hindi usage.

• Employee Achievements - EIL employees
awarded in seven competitions organised
by various PSUs under the aegis of TOLIC
Delhi (Undertaking).

19. Subsidiary, Joint Ventures and Associate
Companies

As on March 31, 2025, your Company has one wholly
owned subsidiary, two Joint Ventures including a JV under
liquidation and one Associate company.

Subsidiary Company

Certification Engineers International Ltd (CEIL), Govt. of
India undertaking, a wholly owned subsidiary of Engineers
India Ltd, continued to play a pivotal role as India's premier
agency for Third-Party Inspection (TPI), Certification,
HSE Audits, and Project Quality Assurance services
across the oil & gas, infrastructure, refinery, energy, and
industrial sectors.

During the year, CEIL secured a number of assignments
from various clients in Oil & Gas Sector, Infrastructure
& Urban Development, Pipeline Projects, Safety and
Technical Audits, Steel and Industrial TPI, Irrigation, Water,
and Miscellaneous Projects. CEIL continues to support its
parent company, Engineers India Ltd. (EIL), by providing
the required technical manpower for various projects
and delivering TPI and QA services for both domestic and
international assignments, including in Nigeria.

The Board of Directors of CEIL have recommended
final dividend of H137/- per share (on face value of H100
per share) for the financial year 2024-25, in addition to
H80/- per share interim dividend already paid during

the year. With this, the total dividend for the financial
year 2024-25 works out to H217/- per share amounting
to H1953 Lakhs.

Joint Ventures - RFCL

RFCL is a Joint Venture Company of National Fertilizers
Limited (NFL), Engineers India Limited (EIL) and Fertilizer
Corporation of India Limited (FCIL) (Promoters) with 26%
equity each by NFL & EIL. FCIL has been granted 11% equity
in terms of CCEA approval. Govt. of Telangana has also
taken equity participation of 11% equity. The plant with
the capacity of 2,200 MTPD Ammonia Unit and 3,850 MTPD
Urea Plant has declared its commercial operation of the
Ramagundam Unit on March 22, 2021. For financial year
2024-25, RFCL produced 11,95,404 MT and dispatched
1 1,94,866 MT of neem-coated prilled urea.

TEIL- Under Liquidation
Associate Company

EIL along with ONGC Videsh Singapore Pte. Ltd., GAIL
(India) Ltd., IOCL Singapore Pte. Ltd. and Oil India
International Pte. Ltd., having participating interest
of 20% each, had incorporated a Limited Liability
Company namely LLC Bharat Energy Office (LLC BEO) in
Moscow, Russia to facilitate liasioning with the Russian
Hydrocarbon Industry and to monitor the existing
investments in Russia. During the financial year 2024-25,
the Company has contributed 20% share amounting to
H67.33 lakhs towards the administrative expenditures for
Office Maintenance and Operations of LLC BEO.

Pursuant to the provisions of Section 129(3) of the Act,
a statement containing the salient features of financial

statements related to Subsidiary/Associate/Joint Venture
Companies is attached to the financial statements
of the Company.

Further, pursuant to the provisions of Section 136 of the
Act, the financial statements of the Company, consolidated
financial statements along with relevant documents
and separate audited financial statements in respect
of subsidiary, is available on the Company's website on
https://www.engineersindia.com/Investor/landing

20.    Corporate Governance

The Company is committed to good Corporate Governance
as per the requirements of SEBI Listing Regulations and
DPE Guidelines. The Board of Directors support the broad
principles of Corporate Governance. In addition to the basic
issues, EIL Board lays strong emphasis on transparency,
professionalism and accountability. As required under
SEBI Listing Regulations and DPE Guidelines on Corporate
Governance, the Report on Corporate Governance, together
with the Auditors' Certificate on compliance of conditions
of Corporate Governance is annexed to this report.

21.    Number of Meetings of the Board

Six meetings of the Board were held during the year under
review. For details of meetings of the Board, please refer
to the Corporate Governance Report, which forms part of
this report. The intervening gap between any two meetings
was within the period prescribed under the Companies
Act, 2013, SEBI Listing Regulations and DPE Guidelines on
Corporate Governance.

22.    Composition of Audit Committee

The details pertaining to the composition of the Audit
Committee are included in the Corporate Governance
Report, which is a part of this report. The recommendations
made by the Audit Committee during the year were
accepted by the Board.

23.    Declaration by Independent Director

Independent Directors of the Company have submitted
the declaration confirming that they meet the criteria of
independence as prescribed under Section 149(6) of the
Companies Act, 2013, Regulation 16(1)(b) of SEBI (Listing
Obligations and Disclosure Requirements) Regulations,
2015 and they are not aware of any circumstance or
situation, which exist or may be reasonably anticipated,
that could impair or impact their ability to discharge their
duties with an objective of independent judgment and
without any external influence.

The Board based on the declarations recieved, is of the
opinion that the Independent Directors of the Company

possess requisite qualifications, experience and
expertise and they hold highest standards of integrity.
Further, Independent Directors of the Company have
complied and affirmed to abide by Rule 6 (Creation and
Maintenance of Data Bank of Persons Offering to become
Independent Directors) of the Companies (Appointment
and Qualification of Directors) Rules, 2014, as amended
from time to time, and have also declared their enrollment
in the data bank of Independent Directors maintained by
Indian Institute of Corporate Affairs ('IICA').

24. Directors and Key Managerial Personnel

Appointment

1)    Shri    Subhas    Balakumar    (DIN: 10411610)    was

appointed as Director (Projects) w.e.f. 14.11.2024.

2)    Shri Rupesh Kumar Singh (DIN:10879433) was
appointed as Director (HR) w.e.f. 20.12.2024.

3)    Shri    Deepak Mhaskey    (DIN:09396329)    and

Smt. Karuna Gopal Vartakavi (DIN:05304803) were
re-appointed (2^nd term) as Independent Directors
w.e.f. 28.03.2025.

4)    Shri Mahesh Kumar Goyal (DIN:03153793)    &

Shri Shambhu Nath Keshri (DIN:11116634) were
appointed as Independent Directors w.e.f. 16.05.2025
& 21.05.2025 respectively.

5)    Shri Kapil Verma (DIN:09056466) was appointed as
Director (Government Nominee) w.e.f. 19.06.2025.

Cessation :

1)    Shri Rajeev Gupta (DIN:09839662) ceased to be the
Director (Projects) of the Company w.e.f. 01.10.2024
consequent upon his superannuation.

2)    Shri Deepak Mhaskey (DIN:09396329), Smt. Karuna
Gopal Vartakavi (DIN:05304803), Shri Harishkumar
Madhusudan Joshi (DIN:01201050), Dr. Prashant
Vasantrao Patil (DIN:01398774), Shri Ravi Shankar
Prasad Singh (DIN:09260909) and Shri Jai Prakash
Tomar (DIN:09401504) ceased to be Independent
directors of the Company consequent upon
completion of their tenure on 07.11.2024.

Entrustment of Additional Charge :

1)    Shri Rajeev Gupta, Director (Projects) was holding
the additional charge of Director (HR) from

01.01.2024    to 30.09.2024.

2)    Shri Rajiv Agarwal was holding the additional charge of
the post of Director (HR) from 01.10.2024 to 20.12.2024

3)    Shri Atul Gupta was holding the additional
charge of the post of Director (Projects) from

01.10.2024    to 14.11.2024.

The Board places on record its deep sense of appreciation
for the guidance and invaluable contribution made by the
Directors, who have ceased during the year as Directors
of the Company.

In terms of the provisions of the Companies Act, 2013 and
the Articles of Association of the Company, Shri Sanjay
Jindal, Director (Finance) and Shri Atul Gupta, Director
(Commercial) are liable to retire by rotation and being
eligible are proposed to be re-appointed at the forthcoming
60^th Annual General Meeting (AGM).

Details of the proposals for appointment/re-appointment of
Directors along with their brief profile are provided in the
notice of the AGM.

25.    Secretarial Auditors

M/s VAP & Associates, Company Secretaries, was appointed
to conduct the Secretarial Audit of the Company for the
financial year 2024-25, as required under Section 204 of
the Companies Act, 2013 and Rules there under. The
Secretarial Audit Report for the financial year 2024-25 is
annexed to this Report.

Management's replies on the observations of Secretarial
Auditors Report is annexed to this report.

26.    Vigilance Mechanism/Whistle Blower Policy

The Company has a Whistle Blower Policy and has
established the necessary vigil mechanism for directors
and employees in confirmation with Section 177(9) of the
Act and Regulation 22 of SEBI Listing Regulations, to report
concerns about unethical behavior. This Policy is available
at the Company's website https://www.engineersindia.
com/Investor/Landing.

27.    Transfer of Amounts/ Securities to Investors
Education and Protection Fund

A detailed disclosure on unpaid/unclaimed dividend and
shares transferred to the IEPF in Compliance with the
provisions of the Companies Act, 2013 has been given in
the Corporate Governance Report which forms part of this
Annual Report. The same is also available on the website
of the Company at https://www.engineersindia.com/
Investor/landing.

28.    Nomination and Remuneration Committee

The details pertaining to the composition of the NRC
Committee are included in the Corporate Governance
Report, which is a part of this report.

EIL is a Public Sector Undertaking (Government Company)
and the appointment of Directors, both Executive and

Non-Executive are made by the Government of India
and are being paid remuneration as per the terms of
their appointment.

29.    Performance Evaluation of the Board

EIL is a Public Sector Undertaking (Government Company)
and the appointment of Directors, both Executive and Non¬
Executive are made by the Government of India. Therefore,
the Company has not laid down any criteria for performance
evaluation of the Independent Directors and the Board.
However, regular inputs on performance of Independent
Directors are being provided to administrative Ministry as
well as Department of Public Enterprises (DPE).

30.    Particulars of Contracts or Arrangements
made with Related Parties (RPTs).

In line with the provisions of the Companies Act, 2013
and the SEBI Listing Regulations, the Company has
a policy on materiality of Related Party Transactions
and also on dealing with Related Party Transactions.
The same has been posted on the website of the Company
at https://www.engineersindia.com/Investor/Landing.
The Company gives the disclosure regarding material
transactions with related parties on quarterly basis along
with the compliance report on Corporate Governance.
As per requirements of Section 134 (3) of Companies Act,
2013 read with Rule 8 of Companies ((Accounts) Rule, 2014,
particulars of contracts or arrangements with related
parties as referred in section 188 (1) of the Companies Act,
2013 (AOC-2) is annexed to this report. Further, suitable
disclosure as required by the Indian Accounting Standard
(Ind AS-24) "Related Party Disclosures" has been given in
the Notes to the Financial Statements.

31.    Details of Loans/Investments/Guarantees

In compliance with the provisions of the Companies
Act, 2013, the details of investments made and loans/
guarantees provided as on 31.03.2025 are given in the
respective Notes to the financial statements.

32.    Reporting of Frauds by Auditor

During the year under review, neither the statutory
auditors nor the secretarial auditor has reported to the
Audit Committee, under Section 143(12) of the Companies
Act, 2013, any instances of fraud committed against the
Company by its officers or employees.

33.    Annual Return-

Pursuant to Section 92(3) read with Section 134(3)(a) of the
Act, the Annual Return as on March 31,2025 is available on
the Company's website at https://www.engineersindia.
com/Investor/Landing.

34.    Cost Auditors

EIL does not fall under the cost audit rules and therefore, there is no requirement of cost audit for the Company in terms of
amended Companies (Cost Records and Audit) Rules.

35.    Conservation of Energy, Research and Development, Technology Absorption, Foreign Exchange
Earnings and Outgo

In accordance with the provision of the Companies Act, 2013 and rules framed thereunder, particulars relating to Energy
Conservation, Technology Absorption are given under Research & Development and Sustainable Development Sections of the
Directors' Report.

Information regarding imports, foreign exchange earnings and expenditures etc. (excluding exchange difference on conversion
of foreign currency) is as following:

36.    Significant and Material Orders

There are no significant and material orders passed by
the regulators or courts or tribunals impacting the going
concern status and Company's operations in future.

37.    Other Disclosures

No disclosure or reporting is required in respect of the
following item as either these were not applicable or there
were no transactions on these items during the financial
year 2024-25: -

1.    Details relating to deposits covered under Chapter V
of the Act.

2.    Issue of equity shares with differential rights as to dividend,
voting or otherwise.

3.    Issue of shares (including sweat equity shares) to employees
of the Company under any scheme.

4.    Neither the Managing Director nor the Whole-time
Directors of the Company receive any remuneration or
commission from any of its subsidiaries.

5.    The names of companies which have become or ceased
to be joint ventures or subsidiary companies during
the year are NIL.

6.    The Company has complied with the applicable Secretarial
Standards (SS-1 & SS-2).

7.    The Company has complied with the provisions and
has in place Internal Complaints Committee under the
Sexual Harassment of Women at Workplace (Prevention,
Prohibition and Redressal) Act, 2013. Further, during the
financial year 2024-25, no case was filed under the above Act.

8.    The Company is complying to the provisions of Maternity
Benefit Act, 1961 and amendments thereof.

9.    There are no material changes and commitments affecting the
financial position of the Company which have occurred between
the end of the financial year and the date of this report.

38. Code of Conduct

EIL has formulated a Code of Business Conduct and Ethics
for Board of Directors and Senior Management Personnel.
All Board Members and Senior Management Personnel

have given their confirmation of compliance for the year
under review. A declaration duly signed by C&MD is given
under para 2(vi) of the Report on Corporate Governance
annexed to this Report. The Code of Business Conduct
and Ethics for Board of Directors and Senior Management
Personnel are given on the website of the Company at
https://www.engineersindia.com/Investor/landing.

39.    Right to Information

As a Public Authority, EIL is committed to implementing the
provisions of the Right to Information Act, 2005 (RTI Act) in
both letter and spirit. A dedicated RTI Cell operates from
the Head Office in New Delhi to handle matters related
to the Act and ensure compliance with its requirements.
In addition to processing physical RTI applications, the
Company also receives and responds to online applications
submitted via the Government of India's unified RTI portal,
www.rtionline.gov.in. In accordance with Section 4(1 )(b)
of the Act, EIL proactively discloses information through
its official website and regularly updates the details of its
Central Public Information Officer (CPIO), Assistant Public
Information Officer (APIO) and First Appellate Authority.

During the year 2024-2025, EIL efficiently handled and
disposed of 261 RTI applications within the stipulated
timeframe, providing information as per the provisions
of the Act. Additionally, the Company addressed 35
First Appeals related to CPIO responses, all of which
were appropriately resolved by the First Appellate
Authority during the same period. Third party audit for
implementation of Suo-Moto disclosure under RTI Act,
2005 for Financial Year 2023-24 has been conducted by
external agency.

40.    Directors' Responsibility Statement

Pursuant to Section 134(5) of the Act, the Board of Directors,
to the best of its knowledge and ability, confirm that:

a)    in the preparation of the annual accounts for the year
ended March 31, 2025, the applicable accounting
standards read with requirements set out under
Schedule III to the Companies Act, have been followed
and there are no material departures from the same;

b)    the Directors have selected such accounting policies
and applied them consistently and made judgments
and estimates that are reasonable and prudent so as
to give a true and fair view of the state of affairs of the
Company as at March 31,2025 and of the profit of the
Company for the year ended on that date;

c)    the Directors have taken proper and sufficient
care for the maintenance of adequate accounting
records in accordance with the provisions of the
Act for safeguarding the assets of the Company

and for preventing and detecting fraud and other
irregularities;

d)    the Directors have prepared the annual accounts on a
'going concern' basis

e)    the Directors have laid down internal financial controls
to be followed by the Company and that such internal
financial controls are adequate and are operating
effectively; and

f)    the Directors have devised proper systems to ensure
compliance with the provisions of all applicable
laws and that such systems are adequate and
operating effectively.

41.    Statutory Auditors

M/s Datta Singla & Co, Chartered Accountants were
appointed as Auditors of the Company for the financial
year 2024-25 by the Office of Comptroller & Auditor
General of India. The Statutory Auditor's Report on
standalone and consolidated financial statements do
not contain any qualifications, reservations, or adverse
remarks or disclaimer.

42.    Comptroller and Auditor General of India's
(C&AG)'s Audit

The C&AG has conducted supplementary audit under
Section 143(6) (b) of the Companies Act, 2013 and issued
comments. Management replies thereto form part of the
Annual report and are annexed.

C&AG Paras from other Audit

As at 31^st March, 2025, there is no pending published para
related to C&AG audit.

43.    Bankers

Bankers of the Company include State Bank of India, Indian
Overseas Bank, Bank of Baroda, Punjab National Bank,
Union Bank of India, HDFC Bank, ICICI Bank, Indian Bank,
Bank of India, Canara Bank, Axis Bank, Standard Chartered
Bank, EXIM bank, HSBC and IndusInd Bank.

44.    Particulars of Employees

As per the provisions of Section 197 of the Companies Act,
2013 and rules made thereunder, Government Companies
are exempted from inclusion of the statement of particulars
of employees. The information has, therefore, not been
included as part of the Directors' Report.

45.    Acknowledgement

The Directors are grateful for all the help, guidance and
support received from Ministry of Petroleum & Natural
Gas and from other Ministries of the Government of
India. Directors are also grateful to the Bankers, Statutory
Auditors, Comptroller & Auditor General of India and the
investors for their continued patronage and confidence
in the Company.

The Directors thank all our esteemed clients for the faith
and trust reposed in the Company. With continuous
learning, skill upgradation, technology development, your
Company continue to provide world class professionalism
and services to our clients.

The Directors thank all associates, vendors and contractors
within the country and abroad, for their continued support
without which EIL could not have achieved the desired
results. Your directors are grateful to all the Foreign
Missions in India and Indian Missions abroad in countries
where EIL has business operations for their continued
help and support.

The Directors wish to convey their appreciation to all
employees for the valuable services and cooperation
extended by them and are confident that they will continue
to contribute their best towards achieving still better
performance in future.

For and on behalf of the Board of Directors
Vartika Shukla

Place: New Delhi    Chairman & Managing Director

Date: 18.08.2025    DIN: 08777885